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Message
re: 401K vs Buying Home
Posted on 8/9/14 at 8:55 am to LSUisBetterthanU
Posted on 8/9/14 at 8:55 am to LSUisBetterthanU
quote:
I have enough in savings to put down the down payment. However, I hate to see my cash balance go to zero.
The bank is not going to approve you anyway if your down payment brings you down to zero. You definitely should save up another year and do not touch your 401K.
1
Posted on 8/10/14 at 11:08 pm to Skin
quote:yes they will.
The bank is not going to approve you anyway if your down payment brings you down to zero. You definitely should save up another year and do not touch your 401K.
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